You are viewing a single comment's thread from:

RE: Enter a whale's mind

in #steem7 years ago (edited)

I think that this is how the world works or even the Universe. There is a law of resistance. Universe works the way that things happen in the way with less resistance - that is the most efficient way of doing things.

Of course that means that by doing such things you attract the same people. In other words - you post fast content just to get fast rewards and the place becomes what it says - money talks. 😂

Btw, when I found out about it, I was not very happy, too.

https://steemit.com/steemit/@scorer/steemit-a-place

Sort:  

The incentives are aligned in such a way that copy-pasting and low-effort posting is the norm.

So, the value of Steem is going to converge on the value of such data - which isn't scarce by any means - which eventually trends towards zero.

That's the future of Steemit, if nothing changes.

But having this knowledge helps you to make a better decisions.

  • I'm not investing too much in STEEM because of this knowledge.
  • I do not have illusions about Seemit future
  • I understand why new Steem project SMT did no fly away
  • I can invest in other projects that are coming in with the same idea
  • Many more things

And all of that because of this information.

Coin Marketplace

STEEM 0.22
TRX 0.20
JST 0.034
BTC 92640.23
ETH 3113.67
USDT 1.00
SBD 3.17